Correct Answer - Option 4 : 12 months
Given:
A and B invest in the ratio of 3 : 7
At the end of 8 months, B withdraws all his investment.
They receive profits in the ratio of 9 : 14
Formula used:
Profit = Investment × Time period of investment
Calculation:
Let T be the time of investment of A
Profit of A = 3x × T
Profit of B = 7x × 8
(3x × T)/(7x × 8) = 9/14
⇒ 3T/8 = 9/2
⇒ T/4 = 3
⇒ T = 12
∴ A’s investment was used for 12 months.